Itr 4 return filing question

A client has outward foreign remittance of Rs 85 lakh in AIS for import of goods and he has sold the same goods locally in India and turnover is Rs 95 lakh. Can we file ITR 4 for outward foreign remittance in this case?

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Quick Summary
This discussion clarifies whether a client can file ITR 4 when they have an outward foreign remittance of Rs 85 lakh for imported goods and a local sales turnover of Rs 95 lakh. The answer is yes, provided the client meets all conditions for Section 44AD, as outward foreign remittance itself does not disqualify ITR 4 filing. It's crucial to reconcile the remittance with import and sales records and ensure eligibility for the presumptive tax scheme under Section 44AD, considering turnover and cash receipt limits.

YES — ITR-4 CAN be filed, even if there is outward foreign remittance for import of goods, provided all other conditions of Section 44AD are satisfied.

Foreign remittance by itself does NOT disqualify ITR-4.

The ₹85 lakh outward remittance does not, by itself, prevent filing ITR-4. If the client is an eligible resident individual, HUF or firm (other than LLP) declaring income under the presumptive scheme, and meets the other ITR-4 conditions, the remittance amount is not itself an ITR-4 disqualification.

However, confirm what the remittance represents and reconcile it with the import and sales records. The ₹95 lakh local sales figure alone does not establish eligibility: ITR-4 may be available only if the client validly opts for section 44AD and satisfies its conditions, including the applicable turnover and cash-receipt limits. Check the relevant financial year, entity type, other income, and whether the books/audit requirements apply before choosing the form.

For import-and-resale businesses, remittance reconciliation and presumptive-tax eligibility should be reviewed together before filing. Manual checking across AIS, bank records, customs documents and sales ledgers is difficult; automation can reduce repetitive work while professional judgment remains in control. At Jir AI, our 2,000+ AI agents and 650+ integrations streamline GST, ITR, TDS, TCS and other compliance workflows, helping reduce manual workload by up to 70%. WhatsApp us to explore the workflow: https://wa.me/message/3HVOZ7HIY4ESC1

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